| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Gunung Bongsu 1
|
RM 220,000
|
RM 200
|
1,098 sqft
|
|
|
Jalan Gunong Bongsu
|
RM 350,000
|
RM 136
|
2,573 sqft
|
|
|
Jalan Sungai Korok
|
RM 358,000
|
RM 124
|
2,885 sqft
|
|
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Market Snapshot
ResidentialRM 285,000
RM 168 psfMedian transaction price
TAMAN GUNUNG BONGSU 1, Bandar Alor Setar, 05400, Kota Setar, Kedah, Malaysia
Taman Gunung Bongsu 1 in Kota Setar, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 168.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 192K to RM 358K, and a typical market range of RM 224K to RM 346K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 168, though individual units vary from RM 132 to RM 205 in the core range. The broader market spans RM 134.21 to RM 202.21, indicating diverse property characteristics. The spread of RM 68.00 (IQR) and deviation of RM 37 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.